Sohar International participated in an Open Day event for the students of Sultan Qaboos University this week, where bank representatives educated students on the importance of financial security.

They also highlighted Sohar International’s Youth Account – an account that has gained immense popularity since its launch.

The interactions with the attendees provided an ideal opportunity to further educate them about the benefits of the Account as well as help them open their new account instantly.

The key highlight of the three-day event was the execution of the bank’s Prize Scheme 2021 Youth account draws with a total prize of RO3,000 for customers in addition to special raffle draws for the attendees where winners were given laptops as gifts.

Mr. Khalil Salim Al Hedaifi, the Chief Retail Banking Officer of Sohar International, said: “Advising the youth on prudent spending habits, assisting them in setting savings targets and educating them about budgeting for long-term goals will go a long way in helping them achieve their aspirations. The Sohar | Youth Account keeps in mind the differential needs of the youth and exemplifies our commitment to continuously introduce products and services that cater [to] diverse customer segments and are also best-in-class in the market.

“The Open Day conducted at Sultan Qaboos University gave us the opportunity to connect with students and form a stronger bond with individuals who will undertake various banking services in the future.

“Through initiatives like this, we not only benefit from better engagement but it also helps us understand the current requirements of the youth so we can further enhance our product portfolios to bring premium and globally benchmarked banking to them for their ever-changing lifestyles.”

The open day witnessed Sohar International representatives actively engaging with the students to address inquiries related to the Sohar Youth Account.

Students were also made aware of the various services and privileges that the account offered. A key highlight of the account is the monthly draw that provides winning opportunities to youth account holders to win from a total of RO 27,000.

With a proposition dedicated to the Youth of our nation, Sohar International caters to the ever-changing lifestyles of today’s young consumers, creating a generation of financially responsible future business leaders in the country.

The bank also offers the youth segment a wide range of financial solutions across multiple stages of their personal and professional lives. In addition, the Youth Account offers customers no withdrawal fees at any ATM inside Oman, rewards on all purchases, no minimum balance required to open the account, monthly cash prizes with dedicated draws, and the possibility of opening the account in different currencies.

Commenting on the event, Dr. Naifa Eid Sabiti Bait Bin Saleem, the Dean of Student Affairs at Sultan Qaboos University, said: “Sultan Qaboos University has students from different walks of life with varying interests. However, the key factor that made the event such a huge success was the enthusiasm amongst students to learn more about how they could manage their finances better.

“We appreciate the keenness demonstrated by Sohar International to connect with each of our students and dutifully explain to them the advantages of banking.”

Sohar International is uniquely positioned to effectively cater to all customer segments within the Sultanate, with differentiating factors that accommodate individual needs and enable them to win.

The bank has continuously taken initiatives that are geared towards the youth. With ongoing reward schemes, special promotions, and awareness activities, Sohar International seeks to build a generation of financially conscious and responsible citizens.